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In the Nifty200 pack, nine stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on April 15, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
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Despite sustained selling in Indian equities since October, foreign portfolio investors (FPIs) have continued to selectively accumulate stocks with strong fundamentals. In the JanuaryMarch quarter, nearly 30 stockslargely among the mid-cap and large-cap segmentswitnessed an increase in FPI holdings for the fourth straight quarter.This marks a clear shift in FPI behavior, from broad-based buying to selective stock picking, even as total net outflows from FPIs stood at Rs 1.25 lakh crore for FY25. The data, compiled by ET Bureau, underlines the conviction of foreign investors in the specific plays despite a bearish broader market stance:
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Australian politicians received approximately A$245,000 in match tickets from major sporting leagues over two years, influencing them against a proposed online gambling advertising ban. Despite public support for the ban and a government report recommending it, Prime Minister Albanese delayed action, raising concerns about the impact of lobbying by vested interests.
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